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Sharjah / WAM A study by the Expo Centre Sharjah on the reality of the global exhibitions sector and the prospects amid the repercussions of the Covid-19 pandemic has shown that 74 percent of those participated in the study underlined that virtual shows are seen as important complementary to the physical exhibitions, while 60 percent said that online exhibitions will ...

Bloomberg FirstEnergy Corp’s chief executive officer pushed to distance the company from its former unit that owns nuclear plants benefiting from an Ohio state law at the crux of an alleged racketeering and bribery conspiracy. CEO Charles Jones said the company hasn’t had control of decisions made by its former FirstEnergy Solutions unit, now Energy Harbor, since November 2016. And ...

Bloomberg As US-China ties have deteriorated since the Covid-19 pandemic devastated the globe, the trade deal they signed in January has served as sort of a linchpin in the relationship. Now that also could be coming undone. President Donald Trump, who has repeatedly blamed China for the virus’s spread ahead of the US election in November, said the phase-one trade ...

Bloomberg The number of coronavirus infections in the Philippines surpassed 80,000, a level that increases the risk of stricter quarantine measures if the trend continues. The nation added 2,110 cases on Sunday to reach 80,448, the health department said. There were 39 new fatalities, taking the toll to 1,932. The level of active cases of 52,406 is the highest in ...

Bloomberg Overstretched health services and social-distancing measures to combat coronavirus are giving a boost to telemedicine across Asia, a phenomenon likely to continue even after the pandemic has been controlled. Economies as diverse as South Korea’s — with its world-class technology sector — and India’s, with low health-care costs and a deep pool of doctors, are exploring digital health possibilities ...

Bloomberg Goldman Sachs Group Inc has reached a $3.9 billion pact with Malaysia, marking a big step in the Wall Street giant’s efforts to resolve its worst scandal since the financial crisis. The settlement includes a payment of $2.5 billion to Malaysia to resolve probes into the US bank’s role in a scheme to plunder the Asian nation’s 1MDB investment ...

Bloomberg A man was killed during a protest in Texas as demonstrations against racial and social injustice continued across the US. The victim was fatally wounded at around 10 pm in Austin, police said. Initial reports indicated the man may have been carrying a rifle when he approached a vehicle, whose driver fired several shots, according to police, The suspect ...

DUBAI / WAM Dubai Future Foundation (DFF) in collaboration with the Dubai Future Council for Transportation, launched a report spotlighting the future of the transportation sector. The report makes a business case for investing in autonomous driving, advanced transport infrastructure, and strengthening cargo delivery through leveraging cutting-edge technology and innovation. Furthermore, the report underscores the importance of enhancing the human ...

Dubai / WAM A report issued by the Business Registration & Licensing sector of Dubai Economy highlighted the most popular areas across the city for setting up new business. As per the report, five areas account for 43.7 percent of the total new business licences issued during the first half of this year. Dubai Economy had issued 16,826 new business ...

Dubai / WAM Dubai Customs has completed 452,300 insurance refund requests with a value of AED3.2 billion in H1 2020, according to the latest statistics from the Refund and Maqasa Department at Dubai Customs. The smart Insurance Refund Portal helps clients submit their claims 24/7, which saves their time and reduces cost on them. Dubai Customs has gone far in ...